Srivastava, D. K.
Revisiting the macro contours of budget 2024–25
- Economic & Political Weekly
- 59(39), Sep 28, 2024: p.27-31
Revisiting the macro contours of the Government of India’s 2024–25 budget, it is found that marginal revisions of nominal growth and buoyancy of gross tax revenues would have resulted in an additional fiscal space of more than `1 lakh crore. This could have been allocated for further strengthening the government’s capital spending and increasing disposable incomes in the hands of lower- to middle-income households, thereby increasing the multiplier associated with capital spending. – Reproduced
https://www.epw.in/journal/2024/39/budget-2024-25/revisiting-macro-contours-budget-2024-25.html